$599,900

For sale

228 Riverside Drive, London North (North N) - Single Family for Sale

228 Riverside Drive, London North (North N), Ontario, N6H1E6

3 beds2 baths5 parking900 ft²41 × 153 ft (6,237 sq ft) lot sizeListed 51 days ago

Overview

This 3-bedroom, 2-bathroom home in London North is for sale offering roughly 900 sq ft of space. Its $599,900 asking price sits right in line with the $574,900 median in London North. It has been on the market 51 days, fresher than the London North average of 76 days.

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Description

Your search is over. Welcome to 228 Riverside Drive just minutes to Labatt Park, Canada Life Place and the City's core many eateries. Situated on major bus routes and close to the bike path system, this extensively upgraded home has much to offer. Fully renovated in 2022, you will appreciate the open concept design of the Main Floor. The Quartz counter tops in the kitchen are highlighted by gleaming white cabinetry and stainless steel appliances. The comfortable living room offers a gas fireplace for cozy winter nights. The primary bedroom features built in closet shelving with oversized drawers. A deck off the kitchen allows for morning coffee or an additional deck off the rear bedroom makes for summer night gatherings. The lower level boasts a bedroom with ensuite 3 piece bath and possible income potential. With parking for 3 cars in the drive, the oversized 2 car insulated heated garage (with water) provides an excellent opportunity for buyer to have a shop alternative. A stone patio allows more space for summer relaxation. Your lawn behind the garage offers space for bocchi and croquet! There is nothing left to do but move in and enjoy everything 228 has to offer. Feel free to reach out for a complete list of upgrades to this special property. (id:66096)

Property Details

MLS®: X13781808
Property Type: Single Family
Zoning: R2-2
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 5
Interior Size: 900 ft²
Lot Size: 41 × 153 ft (6,237 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes

Rooms

Main level

Living room: 6.2 x 3.6 meters
Kitchen: 3.66 x 2.74 meters
Primary Bedroom: 3.35 x 2.74 meters
Bedroom 2: 3.35 x 2.74 meters
Dining room: 3.05 x 2.44 meters

Lower level

Bedroom 3: 3.81 x 3.05 meters
Living room: 3.35 x 2.6 meters
Other: 4.72 x 3.05 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Water meter, Garage door opener remote(s), Water Heater - Tankless, Water Heater
Foundation: Block
Exterior: Steel, Hardboard
Lot Features: Flat site, Dry, Carpet Free, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

London North (North N) listings, avg age

76d

Price / ft²

$667

List price

$600K

Haho

This 3-bed single family in London North (North N) has been listed for 51 days, which is 25 days fresher than the city average of 76. Act while there is still low competition.

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Listed by SUTTON GROUP - SELECT REALTY · JAMES SMITH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6H)

This home lists at $599,900, about 8.4× the local median household income of $71,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 65% above the area median.

Median household income: $71,000
Population: 44,215
Median age: 38.8
Owner / renter: 46% / 54%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N6H)

$599,900· $667/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$317/mo

Total monthly$3,449

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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